Leader in Corporate Development and Strategy Joins Mesa Labs Board of Directors

Rhea-AI Summary

Mesa Laboratories, Inc. (NASDAQ:MLAB) has appointed Shiraz Ladiwala to its Board of Directors as of October 28, 2021. Ladiwala, a former leader at Thermo Fisher Scientific, has extensive experience in corporate strategy and operations with a focus on the Asia/Pacific region. His addition brings the board to eight members, with six being independent. The chairman, John Sullivan, emphasized Ladiwala's international expertise, which is expected to support Mesa's strategic objectives and mission to enhance safety and quality in life sciences.

Positive

• Shiraz Ladiwala's extensive leadership experience in life sciences and corporate development.
• Expected contributions to Mesa's strategic objectives and international business operations.

Negative

• Concerns about board continuity and reliance on a new member's perspective.

LAKEWOOD, Colo., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Mesa Laboratories, Inc. (NASDAQ:MLAB) announced the appointment of Shiraz Ladiwala to its Board of Directors, effective October 28, 2021. Shiraz previously worked in leadership roles at Thermo Fisher Scientific and retired on August 31, 2021.

With Mr. Ladiwala’s appointment, the Mesa Laboratories, Inc. Board of Directors will be comprised of eight directors, six of whom are independent.

“Shiraz’s extensive experience building a world class life sciences company and his knowledge in corporate development and the Asia/ Pacific region will be instrumental to helping Mesa achieve its strategic objectives” said John Sullivan, Ph.D., Chairman of the Board of Directors, “We’ve intentionally sought to identify a qualified executive with a deep international background to bring a unique perspective to our company, and Shiraz’s expertise will help further Mesa’s development and our purpose to Protect the Vulnerable®.”

During his 24-year career with Thermo Fisher Scientific, Shiraz Ladiwala held various, progressive leadership roles in the areas of corporate strategy and development and business operations, including Senior Vice President of Strategy and Corporate Development and General Manager of Asia/ Pacific. He has significant corporate strategic development experience, extensive knowledge of the life sciences, bioproduction and diagnostics industries, and a background in international business operations. Mr. Ladiwala has a leadership style characterized by cultural adaptability, strong business acumen, and financial knowledge. He received a bachelor’s degree in commerce from the University of Bombay and a Master of Business Administration from the University of Michigan Ross School of Business.

About Mesa Laboratories, Inc.

Mesa is a global leader in the design and manufacturing of life science tools and critical quality control solutions for regulated applications in the pharmaceutical, healthcare, medical device industries. Mesa offers products and services to help our customers ensure product integrity, increase patient and worker safety, and improve the quality of life throughout the world.

For more information about the Company, please visit its website at www.mesalabs.com

FAQ

Who is the new board member appointed by Mesa Laboratories?

Shiraz Ladiwala is the newly appointed board member as of October 28, 2021.

What experience does Shiraz Ladiwala bring to Mesa Laboratories?

Ladiwala has over 24 years of leadership experience at Thermo Fisher Scientific in corporate strategy and international operations.

What is the significance of the board composition after Ladiwala's appointment?

The board now consists of eight members, with six being independent directors, potentially enhancing governance.

How might Ladiwala's appointment impact Mesa Laboratories' strategic objectives?

His international background and expertise in the life sciences sector may provide valuable insights for Mesa's growth and development.